Volatility ETFs Spike as Worsening Coronavirus Rattles Investors
January 27, 2020 at 14:31 PM EST
Exchange traded funds that follow the CBOE Volatility Index, or VIX, surged Monday as growing fears of a spreading coronavirus sent U.S. markets reeling. On Monday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 7.1%, ProShares VIX Short-Term Futures ETF...